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Mar 5, 2013
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and republicans say, paul ryan's going to come out with a budget to balance the budget in ten years, i want to see that budget because we can't borrow 46 cents of every dollar and not rob our kids blind. he says, look, for him it's a simple issue i'm not against seniors, what i'm against is current seniors stealing from future seniors. is that a fair -- is that a reality that's coming to america, or does austerity like we see in europe come here first? >> it's an absolute reality when you understand that every man, woman and child in the united states of america, 53,000 dollars of debt on their head, gross debt and that's the gross debt, that's not the unfunded liabilities that are brought in so i'm just talking about 16.5 trillion. so, we are abusing our, you know, younger generations for, you know, the now. when you look at social security, medicare, we have to reform those programs or they will go bankrupt. but, last week we should have paid attention to what ben bernanke was saying when he testified that you're going to continue to have federal stimulus because our economy is not
and republicans say, paul ryan's going to come out with a budget to balance the budget in ten years, i want to see that budget because we can't borrow 46 cents of every dollar and not rob our kids blind. he says, look, for him it's a simple issue i'm not against seniors, what i'm against is current seniors stealing from future seniors. is that a fair -- is that a reality that's coming to america, or does austerity like we see in europe come here first? >> it's an absolute reality when you...
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Mar 7, 2013
03/13
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ago as numbers to follow, and paul ryan voted no on the republican study committee. >> neil: i understand that. on the sequestration, i just want to be clear. they might be -- might have longer term effects but looking at a chart of government spending and where this slices out, these sequester cuts tiny little percentages. one governor said talking about the fear tactics used here and about the administration. they probably went over the knopp terms of saying the consequences would be horrible, splash by because the world has not changed overnight. what do you think of that? >> this happened a few days ago, neil. this is not shutting down government. this is a slow erosion. so, it will happen. let me speak to this small percentage that you're talking about. and i hear people talking about 3.7, 3.8. these cuts are out of the 30% of the budget, which is about half on the defense side and half on the nondefense side of what is called do discretionary spending. 70% is not included in this figure. so, the sequester largely -- not exclusively but largely comes out thereof discretionary side of
ago as numbers to follow, and paul ryan voted no on the republican study committee. >> neil: i understand that. on the sequestration, i just want to be clear. they might be -- might have longer term effects but looking at a chart of government spending and where this slices out, these sequester cuts tiny little percentages. one governor said talking about the fear tactics used here and about the administration. they probably went over the knopp terms of saying the consequences would be...
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Mar 10, 2013
03/13
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paul ryan says he has a plan to get the nation's finances back on track. steve centanni has more on that. lots of buzz about the budget this morning in washington. >> reporter: that's right. the next step, of course, is a new budget plan that congressman paul ryan plans to unveil on tuesday. the house budget committee chairman appeared appeared on "s sunday" and said something has to be done. >> the president has us on a path for a debt crisis that brings us to a recession, that gives us a european type of experience that we want to avoid. we want people to go back to work, higher wannels, a growing economy. we get that by balancing the budget. >> reporter: he says his proposal will promote the idea of repealing president obama's health care law. and he says that he hopes that the president has more constructive meetings like the lunch he had last week with ryan. ryan says the pudding will be in the weeks ahead. there was a dinner for republicans last week. >> i am welcoming. i think the president's tremendously sincere. i don't think this is a political c
paul ryan says he has a plan to get the nation's finances back on track. steve centanni has more on that. lots of buzz about the budget this morning in washington. >> reporter: that's right. the next step, of course, is a new budget plan that congressman paul ryan plans to unveil on tuesday. the house budget committee chairman appeared appeared on "s sunday" and said something has to be done. >> the president has us on a path for a debt crisis that brings us to a...
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Mar 2, 2013
03/13
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paul ryan is going to come up with his own budget plan in two weeks and not wait for the president. democrats this year, unlike in years past have promised they will come up with their own budget process. it's broke at the beginning. end one train wrecks at the end. that's what we have been dealing with. grand bargain not so much. >> shepard: carl cameron on capitol hill, thanks. a senior member of the college of cardinals sent out formal invitations to those who will choose the next pope. the cardinals' first meeting is scheduled for this monday and then they are expected to set a date to begin their official conclave during that, they will select the next leader of the catholic church. now, one possible candidate for pope, possible, is new york's timothy cardinal dolland. although he said he has a better shot of playing for the yankees. our amy kellogg asked cardinal dolland about what we can expect once the conclave begins. >> we're always open to the dramatic. we are always open to the radical. and usually with hind sight with the 20/20 vision that hindsight provides you say wow
paul ryan is going to come up with his own budget plan in two weeks and not wait for the president. democrats this year, unlike in years past have promised they will come up with their own budget process. it's broke at the beginning. end one train wrecks at the end. that's what we have been dealing with. grand bargain not so much. >> shepard: carl cameron on capitol hill, thanks. a senior member of the college of cardinals sent out formal invitations to those who will choose the next...
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Mar 3, 2013
03/13
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they are already at work on an alternative to this sequester as laid out, the budget chief paul ryan says he has agreement to adjust the military cuts. there was a bill floated in the senate, at the last minute to shift cuts from defense to other domestic programs. it failed in the senate. but ryan says he has something that could get some bipartisan support, and that is to give the president more latitude to apply the cuts. maybe congress prescribes the way it happens. maybe the president is given more latitude, but a way to avoid the bludgeon-type of cuts that the sequester prescribes. but when you look at it, this sequester deals 80% with discretionary spending, 20% on mandatory spending. but it's mandatory spending that is going to kill our fiscal sanity here in this country because if you look at the growth of discretionary spending versus mandatory spending, discretionary spending increases 12 to 15%, but mandatory spending doubles. our price tag for social security and medicaid and other mandatory programs is $4.5 trillion in 2023 and that's not a trajectory that is sustainabl
they are already at work on an alternative to this sequester as laid out, the budget chief paul ryan says he has agreement to adjust the military cuts. there was a bill floated in the senate, at the last minute to shift cuts from defense to other domestic programs. it failed in the senate. but ryan says he has something that could get some bipartisan support, and that is to give the president more latitude to apply the cuts. maybe congress prescribes the way it happens. maybe the president is...
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Mar 3, 2013
03/13
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paul ryan telling carl cameron he has an agreement with democrats to adjust the military spending so it doesn't hurt as bad as the sequester cuts would be and he is trying to move that. be watching. in the next few dice see how maybe there are modifications made to the sequester that may mean it is nota as bad as inch predicted it would be. really, what we are seeing here, for all the cries that this is a failure of government, is perhaps a turning point here that congress is being forced to take a very, very hard look at spending. the big issue, discretionary spending, mandatory spending, the big part ever it. are they prepared to head the tough debates regarding social security, medicare, medicaid, other entitlement spending that are the huge budget busters over the coming years. >> shannon: we will see if the current situation changes conversation. we will look forward to your special tonight, john. thank you. >> reporter: thanks. >> shannon: that's 8:00 eastern. it is part of a powerful block of television, starting at 6:00 p.m., with a must-see, chris wallace interview, followed
paul ryan telling carl cameron he has an agreement with democrats to adjust the military spending so it doesn't hurt as bad as the sequester cuts would be and he is trying to move that. be watching. in the next few dice see how maybe there are modifications made to the sequester that may mean it is nota as bad as inch predicted it would be. really, what we are seeing here, for all the cries that this is a failure of government, is perhaps a turning point here that congress is being forced to...
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Mar 3, 2013
03/13
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. >> they care about medicare and the "los angeles times" has an arm out today, paul ryan is going to reintroduce as part of the republican budget, the vouchers for everyone under 56 years old for medicare. that already has been proven to be a political loser. >> it is hari-kari. >> it was in the middle of a vigorous campaign and maybe it wasn't sold correctly. >> i call it insanity, the definition of which is doing the same thing over and over and expecting a different result. it was proven in the campaign it didn't work. ryan did not add to the ticket and to go back to that when they are losing on medicare is a losing. >>gregg: he was demagogued with granny-over-the cliff ads. >> the republican for the republicans, they keep wanting to prescribe the pain medicine before we get the prescription. they have never made a case to the country about the moral necessity of getting a consensus in this country including among republicans that we have to do something about entitlements. >> or economic growth. >> what do republicans need to do? >> the last time things were this dire that i reca
. >> they care about medicare and the "los angeles times" has an arm out today, paul ryan is going to reintroduce as part of the republican budget, the vouchers for everyone under 56 years old for medicare. that already has been proven to be a political loser. >> it is hari-kari. >> it was in the middle of a vigorous campaign and maybe it wasn't sold correctly. >> i call it insanity, the definition of which is doing the same thing over and over and expecting a...